SKU: DEU56 | Published On: Dec 05 2019 | No. of Pages: 209 | Available Formats
Market Overview
High purity alumina (HPA) is a high-value, high margin and highly demanded product used primarily to manufacture industrial sapphire substrates in electronics, production of synthetic sapphire, LED lighting applications, in plasma display panels such as those found in handheld devices, laptops, televisions, and cellular phones.
HPA is mainly used for its superior properties, such as corrosion and scratch resistance, high brightness, and its ability to withstand extreme temperatures. The global high-purity alumina market is driven by several factors such as growing demand for LED lighting systems and LED displays. Products that use LEDs are energy efficient and is driving the demand for high-purity alumina, which is used in the manufacturing of sapphire substrates.
In July 2017, as per the U.S. Department of Energy, Building Technologies Office of Energy Efficiency and Renewable Energy report, LED lighting products installations have increased by 3% to 12.6% from 2014-2017. This increased penetration of LED lighting in 2016 helped in annual energy savings of approximately 469 trillion British thermal units (tBtu), equivalent to an annual cost savings of about US$ 4.7 Billion.
Market Dynamics
The increasing use of sapphire glass in high-end smartphones would propel the demand for high purity alumina during the forecast period. The sapphire substrates have seen a surge in demand for end-products along with LED products, owing to applications as watch cover, front cover in high-end mobile devices, and industrial windows. In the last few years, sapphire has been a key component in the LED industry, with market demand influenced by lens cover applications in digital cameras, home buttons on smartphones, and smart wearables such as the Apple watch. The high purity alumina demand is set to rise sharply on the back of its role in the production of synthetic sapphire, which has a rapidly growing number of high‐technology applications.
The rising demand for high-purity alumina in LEDs is propelled by the growing adoption of LED lighting technology on a global basis. For instance, according to the U.S Department of Energy in 2017, from 2014 to 2016, installations of LED products have increased in all applications, more than quadrupling to 874 million units, increasing penetration to 12.6% of all lighting.
The traditional high-purity alumina production method, which enhances the purity of alumina, results in massive exploration, mining, labor, reagents, and energy costs. High production costs mainly because of the significant amount of electricity consumed during the process. Also, any increase in energy tariff affects a vendor's profit margins. Also, the higher power costs lead to the higher production cost of aluminum, which gets transferred to downstream products i.e. high purity alumina affecting the margins.
Market Segmentation
Global high purity alumina market is segmented based on the application and technology. Based on the technology the market is further bifurcated into Hydrolysis and Hydrochloric Acid Leaching. Hydrolysis technology holds the largest market share as it is a widely adopted technique to manufacture high purity alumina. Owing to optimal processing that helps in reducing operational cost. Further, the procedure also consumes less energy, increasing cost-saving efforts of the companies, and propelling the adoption of hydrolysis procedure.
Recently, the demand for high purity alumina is expanding in fields which are expected to show a high growth rate, e.g., display materials, energy, automobiles, semiconductors, and computers. To attend to these needs, Sumitomo Chemical established mass production technology of high purity alumina using a unique process of hydrolysis of aluminum alkoxide.
Based on the application, global high purity alumina is segmented into LED, Semiconductor, Phosphor, Sapphire, and others. The LED segment is anticipated to hold the largest market share in the high purity alumina market. It is owing to the shift towards LED lighting as compared to traditional lighting. Moreover, stringent regulations across the globe have led to increased penetration of energy efficient light sources such as LED bulbs. Also, increasing per capita consumption of power has boosted the demand for electricity across the globe.
Geographical Share:
Geographically, Asia Pacific region is the leading geographical segment of the HPA market, driven mainly by the rising demand of high definition television, smartphones, and rising application of electronic sensors and display in automotive in this region. China dominates the high purity alumina market in the Asia-Pacific region, owing to technological advancements made in the electronics sector in this country. Also, China is the major revenue-contributing country for LED due to the presence of a large number of LED lighting manufacturing companies. The companies are focused on the expansion of production capabilities in order to increase production capabilities and to strengthen the regional market position. For instance, in July 2018, Altech Chemicals has announced plans to start construction at its high-purity alumina (HPA) plant site in Johor, Malaysia, with US$ 14.8 Million.
High purity alumina demand is also surging with the rising demand for electric vehicles in the form of batteries separator. For instance, According to China International Battery Fair (CIBF) report, 99.99% (4N) HPA is currently being supplied to Chinese lithium-ion battery separator sheet manufacturers at RMB180 to RMB200 per kilogram (US$27 to US$30 per kilogram).
North America is anticipated to emerge as the next biggest market for high purity alumina owing to the growing adoption of smart lighting products in this region which will lead to high demand for LED lights as the region focuses more on energy conservation. In the North America region, The US is the highest contributor to the increasing demand for high purity alumina. For instance, The City of Chicago is installing better quality, more reliable LED light fixtures on streets, alleys and viaducts to increase safety, reduce energy costs and improve the environment. Working towards this initiative the lighting across the city 270,000 existing outdated High-Pressure Sodium (HPS) will be replaced with new energy-efficient LED lights. Thus, creating a modern lighting management system to streamline maintenance and repairs.
Competitive Landscape:
The global high purity alumina market is highly consolidated with a few leading players accounting dominating the market. Orbite Technologies Inc. Altech Chemicals Limited, Sumitomo Chemical Company, Sasol Limited, and are prominent players in the global high purity alumina market. These players have own one-third of the market of the global high purity alumina.
Global high purity alumina manufacturers are adopting acquisitions as a key strategy to expand their product portfolio and increase their presence by business expansion. For instance, in March 2019, Pure Alumina has signed a binding agreement to purchase Pure Alumina a Canadian high-purity alumina (HPA) company for approximately $25.75 Mn. The acquisition will help Pure Alumina start its commercial production by developing a 1000 tonnes a year production facility outside of Toronto by early 2020.
Key Takeaways:
Global High Purity Alumina Market is expected to grow at a CAGR of 17.9% during the forecast period (2019-2026)
Hydrolysis technology holds the largest market share as it is a widely adopted technique to manufacture high purity alumina. It is owing to optimal processing that helps in reducing operational cost.
The LED segment is anticipated to hold the largest market share in the high purity alumina market. It is owing to the shift towards LED lighting as compared to traditional lighting.
Asia Pacific region is the leading geographical segment of the HPA market, driven mainly by the rising demand of high definition television, smartphones, and rising application of electronic sensors and display in automotive in this region.
The global high purity alumina market is highly consolidated with a few leading players accounting dominating the market. Orbite Technologies Inc. Altech Chemicals Limited, Sumitomo Chemical Company, Sasol Limited, and are prominent players in the global high purity alumina market. These players have own one-third of the market of the global high purity alumina.
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Target Audience:
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Related Report
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
3.1 Market Snippet by Technology
3.2 Market Snippet by Grade
3.3 Market Snippet by Application
3.4 Market Snippet by End Use
4.1 Market Impacting Factors
4.1.1 Drivers
4.1.1.1 Government regulations encouraging efficient lighting systems
4.1.2 Restraints
4.1.2.1 High cost of production
5.1 Porter's Five Forces Analysis
6.1 Introduction
6.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
6.1.2 Market Attractiveness Index, By Technology
6.1.2.1 Hydrolysis*
6.1.2.1.1.1 Introduction
6.1.2.1.1.2 Market Size Analysis and Y-o-Y Growth Analysis (%)
6.1.2.2 Hydrochloric Acid Leaching
7.1 Introduction
7.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
7.1.2 Market Attractiveness Index, By Grade
7.1.2.1 4N*
7.1.2.1.1.1 Introduction
7.1.2.1.1.2 Market Size Analysis and Y-o-Y Growth Analysis (%)
7.1.2.2 5N
7.1.2.3 6N
8.1 Introduction
8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
8.1.2 Market Attractiveness Index, By Application
8.1.2.1 LED*
8.1.2.1.1.1 Introduction
8.1.2.1.1.2 Market Size Analysis and Y-o-Y Growth Analysis (%)
8.1.2.2 Semiconductor
8.1.2.3 Phosphor
8.1.2.4 Sapphire
9.1 Introduction
9.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
9.1.2 Market Attractiveness Index, By End Use
9.1.2.1 Electronics*
9.1.2.1.1 Laptops/Tablets
9.1.2.1.2 Mobile Phones
9.1.2.1.3 UPS
9.1.2.1.3.1 Introduction
9.1.2.1.3.2 Market Size Analysis and Y-o-Y Growth Analysis (%)
9.1.2.2 Automotive
9.1.2.2.1 Electric Vehicles
9.1.2.2.2 Brand-company-owned web portals Plug-in Hybrid Electric Vehicles
10.1 Introduction
10.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
10.1.2 Market Attractiveness Index, By Region
10.2 North America
10.2.1 Introduction
10.2.2 Key Region-Specific Dynamics
10.2.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10.2.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
10.2.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.2.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
10.2.7 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.2.7.1 The U.S.
10.2.7.2 Canada
10.2.7.3 Mexico
10.3 Europe
10.3.1 Introduction
10.3.2 Key Region-Specific Dynamics
10.3.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10.3.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
10.3.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.3.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
10.3.7 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.3.7.1 Germany
10.3.7.2 The U.K.
10.3.7.3 France
10.3.7.4 Italy
10.3.7.5 Spain
10.3.7.6 Russia
10.3.7.7 Rest of Europe
10.4 South America
10.4.1 Introduction
10.4.2 Key Region-Specific Dynamics
10.4.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10.4.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
10.4.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.4.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
10.4.7 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.4.7.1 Brazil
10.4.7.2 Argentina
10.4.7.3 Chile
10.4.7.4 Colombia
10.4.7.5 Rest of South America
10.5 Asia Pacific
10.5.1 Introduction
10.5.2 Key Region-Specific Dynamics
10.5.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10.5.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
10.5.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.5.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
10.5.7 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
10.5.7.1 China
10.5.7.2 Japan
10.5.7.3 South Korea
10.5.7.4 India
10.5.7.5 Indonesia
10.5.7.6 Australia
10.5.7.7 Rest of Asia Pacific
10.6 The Middle East and Africa
10.6.1 Introduction
10.6.2 Key Region-Specific Dynamics
10.6.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology
10.6.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Grade
10.6.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
10.6.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Use
11.1.1 Competitive Scenario
11.1.2 Market Positioning/Share Analysis
11.1.3 Mergers and Acquisitions Analysis
12.1 Altech Chemicals Limited*
12.1.1 Company Overview
12.1.2 Product Portfolio and Description
12.1.3 Key Highlights
12.1.4 Financial Overview
12.2 Sumitomo Chemical Group
12.3 Nippon Light Metal Company Ltd
12.4 Sasol Limited
12.5 Orbite Technologies Inc.
12.6 Xuancheng Jingrui New Material Co., Ltd
12.7 Baikowski SAS
12.8 Polar Sapphire Ltd.
12.9 Zibo Honghe Chemical Co., Ltd.
12.10 Chongqing Research Better Science & Technology Co., Ltd.
14.1 Appendix
14.2 About Us and Services
14.3 Contact Us
List of Tables
Table 1
Global High-purity Alumina Market Value, By Technology, 2018,2022 & 2026 ($ Million)
Table 2
Global High-purity Alumina Market Value, By Grade, 2018,2022 & 2026 ($ Million)
Table 3
Global High-purity Alumina Market Value, By Application, 2018,2022 & 2026 ($ Million)
Table 4
Global High-purity Alumina Market Value, By End Use, 2018,2022 & 2026 ($ Million)
Table 5
Global High-purity Alumina Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 6
Global High-purity Alumina Market Value, By Technology, 2018,2022 & 2026 ($ Million)
Table 7
Global High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 8
Global High-purity Alumina Market Value, By Grade, 2018,2022 & 2026 ($ Million)
Table 9
Global High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 10
Global High-purity Alumina Market Value, By Application, 2018,2022 & 2026 ($ Million)
Table 11
Global High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 12
Global High-purity Alumina Market Value, By End Use, 2018,2022 & 2026 ($ Million)
Table 13
Global High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 14
Global High-purity Alumina Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 15
Global High-purity Alumina Market Value, By Region, 2017-2026 ($ Million)
Table 16
North America High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 17
North America High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 18
North America High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 19
North America High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 20
North America High-purity Alumina Market Value, By Country, 2017-2026 ($ Million)
Table 21
South America High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 22
South America High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 23
South America High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 24
South America High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 25
South America High-purity Alumina Market Value, By Country, 2017-2026 ($ Million)
Table 26
Europe High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 27
Europe High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 28
Europe High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 29
Europe High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 30
Europe High-purity Alumina Market Value, By Country, 2017-2026 ($ Million)
Table 31
Asia-Pacific High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 32
Asia-Pacific High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 33
Asia-Pacific High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 34
Asia-Pacific High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 35
Asia-Pacific High-purity Alumina Market Value, By Country, 2017-2026 ($ Million)
Table 36
Middle East & Africa High-purity Alumina Market Value, By Technology, 2017-2026 ($ Million)
Table 37
Middle East & Africa High-purity Alumina Market Value, By Grade, 2017-2026 ($ Million)
Table 38
Middle East & Africa High-purity Alumina Market Value, By Application, 2017-2026 ($ Million)
Table 39
Middle East & Africa High-purity Alumina Market Value, By End Use, 2017-2026 ($ Million)
Table 40
Altech Chemicals Limited: Overview
Table 41
Altech Chemicals Limited: Product Portfolio
Table 42
Altech Chemicals Limited: Key Developments
Table 43
Sumitomo Chemical Group: Overview
Table 44
Sumitomo Chemical Group: Product Portfolio
Table 45
Sumitomo Chemical Group: Key Developments
Table 46
Nippon Light Metal Company Ltd: Overview
Table 47
Nippon Light Metal Company Ltd: Product Portfolio
Table 48
Nippon Light Metal Company Ltd: Key Developments
Table 49
Sasol Limited: Overview
Table 50
Sasol Limited: Product Portfolio
Table 51
Sasol Limited: Key Developments
Table 52
Orbite Technologies Inc.: Overview
Table 53
Orbite Technologies Inc.: Product Portfolio
Table 54
Orbite Technologies Inc.: Key Developments
Table 55
Xuancheng Jingrui New Material Co., Ltd: Overview
Table 56
Xuancheng Jingrui New Material Co., Ltd: Product Portfolio
Table 57
Xuancheng Jingrui New Material Co., Ltd: Key Developments
Table 58
Baikowski SAS: Overview
Table 59
Baikowski SAS: Product Portfolio
Table 60
Baikowski SAS: Key Developments
Table 61
Polar Sapphire Ltd.: Overview
Table 62
Polar Sapphire Ltd.: Product Portfolio
Table 63
Polar Sapphire Ltd.: Key Developments
Table 64
Zibo Honghe Chemical Co., Ltd.: Overview
Table 65
Zibo Honghe Chemical Co., Ltd.: Product Portfolio
Table 66
Zibo Honghe Chemical Co., Ltd.: Key Developments
Table 67
Chongqing Research Better Science & Technology Co., Ltd.: Overview
Table 68
Chongqing Research Better Science & Technology Co., Ltd.: Product Portfolio
Table 69
Chongqing Research Better Science & Technology Co., Ltd.: Key Developments
List of Figures
Global High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
Global High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
Global High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
Global High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
Global High-purity Alumina Market Share, By 0, 2018 & 2026 (%)
Global High-purity Alumina Market Share, By Region, 2018 & 2026 (%)
Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Global High-purity Alumina Market Y-o-Y Growth, By Technology, 2018-2026 (%)
Hydrolysis: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Hydrochloric Acid Leaching: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Global High-purity Alumina Market Y-o-Y Growth, By Grade, 2018-2026 (%)
4N: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
5N: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
6N: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Global High-purity Alumina Market Y-o-Y Growth, By Application, 2018-2026 (%)
LED: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Semiconductor: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Phosphor: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Sapphire: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Global High-purity Alumina Market Y-o-Y Growth, By End Use, 2018-2026 (%)
Electronics: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Automotive: Global High-purity Alumina Market Value, 2017-2026 ($ Million)
Global High-purity Alumina Market Y-o-Y Growth, By Region, 2018-2026 (%)
North America High-purity Alumina Market Value, 2017-2026 ($ Million)
North America High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
North America High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
North America High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
North America High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
North America High-purity Alumina Market Share, By Country, 2018 & 2026 (%)
South America High-purity Alumina Market Value, 2017-2026 ($ Million)
South America High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
South America High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
South America High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
South America High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
South America High-purity Alumina Market Share, By Country, 2018 & 2026 (%)
Europe High-purity Alumina Market Value, 2017-2026 ($ Million)
Europe High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
Europe High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
Europe High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
Europe High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
Europe High-purity Alumina Market Share, By Country, 2018 & 2026 (%)
Asia-Pacific High-purity Alumina Market Value, 2017-2026 ($ Million)
Asia-Pacific High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
Asia-Pacific High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
Asia-Pacific High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
Asia-Pacific High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
Asia-Pacific High-purity Alumina Market Share, By Country, 2018 & 2026 (%)
Middle East & Africa High-purity Alumina Market Value, 2017-2026 ($ Million)
Middle East & Africa High-purity Alumina Market Share, By Technology, 2018 & 2026 (%)
Middle East & Africa High-purity Alumina Market Share, By Grade, 2018 & 2026 (%)
Middle East & Africa High-purity Alumina Market Share, By Application, 2018 & 2026 (%)
Middle East & Africa High-purity Alumina Market Share, By End Use, 2018 & 2026 (%)
Altech Chemicals Limited: Financials
Sumitomo Chemical Group: Financials
Nippon Light Metal Company Ltd: Financials
Sasol Limited: Financials
Orbite Technologies Inc.: Financials
Xuancheng Jingrui New Material Co., Ltd: Financials
Baikowski SAS: Financials
Polar Sapphire Ltd.: Financials
Zibo Honghe Chemical Co., Ltd.: Financials
Chongqing Research Better Science & Technology Co., Ltd.: Financials
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